Cs excutive amendment

Please Check the Attached file.

Applicability of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011  

SEBI vide its Notification No. LAD-NRO/GN/2011-12/24/30181 dated September 23, 2011 notified the New SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 replacing the Takeover Regulations namely SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997.

Students are advised to note as under:

For June, 2012 Examination SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011   shall be applicable.

Clarification on applicability of Schedule VI of Companies Act, 1956 for June 2012 Examination  

The Ministry of Corporate Affairs (MCA) under notifications number S.O. 447(E) and 653(E) dated 28^th February, 2011 and 30.03.2011 respectively notified that the annual accounts for the financial year ending 31^st March 2012 shall be prepared in accordance with the revised Schedule VI.

Since any amendment coming into force before six months from the date of exam ination forms part of syllabus for exam ination, the new Schedule VI of the Companies Act, 1956 shall be applicable to June, 2012 exam ination. 

Link : https://www.icsi.edu/docs/WebModules/LinksOfWeeks/clarification_on_applicability.htm

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